Outotec seals Biomin BIOX technology purchase

Outotec seals Biomin BIOX technology purchase

NEWS/DIVIDENDS COMPANYTHATMARKETSTHE!ETHER Water Systems technology. The deal will expand the use of Nephros technology into the food service industry...

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NEWS/DIVIDENDS COMPANYTHATMARKETSTHE!ETHER Water Systems technology. The deal will expand the use of Nephros technology into the food service industry and Biocon products into the medical industry. Nephros is a commercial stage medical device company that develops and sells liquid purification filters, as well as a hemodiafiltration system for the treatment of patients with end stage kidney disease. The company’s filters are used primarily in medical applications. Biocon 1, doing business as Aether Water Systems, is a privately-held commercial water treatment company that develops and sells high performance water and air purification systems to the food service industry, as well as other air and gas filtration markets. Under the collaboration deal, Nephros will provide Biocon 1 with a bacteria control filter cartridge to integrate with its Aether line of filtration products. Nephros will also have access to Biocon’s anti-scale and related water filtration technology to develop filter products for the medical industry. “We look forward to building a strong partnership with Biocon,” said Daron Evans, president and CEO of Nephros. “We are impressed by their technology and their growing foot print in the food service industry. We believe that Biocon is the right partner to help Nephros begin to expand our ultrafiltration business outside of the medical space, while providing the potential to enhance our product offering to our medical customers.” “Integrating the Nephros bacteria control technology into our Aether Water Systems will enable us to continue to stay ahead of the technology curve – designing and engineering our product platform to provide customised solutions for our customers in the food, beverage, and hospitality industries. Using the combined technology arc from the two companies positions our portfolio of products as a turnkey solution for customers that want superior technology to solve their water contaminate issues.”, said Greg Lucas, president and CEO of Biocon 1. For further information, visit www.nephros.com and www.aetherfilters.com

Outotec seals Biomin BIOX technology purchase

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utotec has successfully completed the acquisition of the majority of the shares in Biomin South Africa Pty Ltd and certain assets from Biomin Technologies SA in Switzerland (see Filtration Industry

November 2015

Analyst, August 2015). As a result, Outotec has secured the full intellectual property and marketing rights of BIOX bio-oxidation technology. Biomin’s BIOX bio-oxidation is a method for the pre-treatment of refractory gold ores, and it complements Outotec’s portfolio of gold processing technologies. “Combining the BIOX bio-oxidation expertise with our engineering capabilities and proprietary equipment, such as grinding mills, reactors, cooling towers and thickeners, we can provide gold producers complete sustainable plants with life-cycle services,” said Robin Lindahl, head of Outotec’s Metals, Energy & Water business area. For further information, visit www.outotec.com

New University of Arizona technology centre focuses on water and energy

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he University of Arizona’s US$5.5 million Water and Energy Sustainable Technology Center (WEST) has opened in Tucson, Arizona, USA. The new centre will bring together industry, government and academia to develop new technologies and more energy sustainable solutions to address water scarcity. Co-located with the Pima County Water Reclamation Facility (Agua Nueva) and adjacent to reclaimed water recharge basins and constructed wetlands, the WEST Center will develop, evaluate and demonstrate technologies that advance sustainable solutions for water and energy while also facilitating technology transfer between public utilities and the private sector. The centre will also educate and train technicians, utility personnel and students along with the community about water treatment solutions. Dow Water & Process Solutions is a founding member and sponsor of the new centre. “We’re thrilled to support a centre that shares our commitment to advancing technology and sustainability partnerships to help address the water-energy nexus and bring us closer to a circular economy,” said Tracy Young, water growth technologies R&D director for Dow Water & Process Solutions and WEST industrial advisory board member. “Powerful publicprivate partnerships like this one are key to advancing and commercialising energy efficient solutions for water treatment.”

For further information, visit http://west.arizona.edu and www.dowwaterandprocess.com

Dividends UÊ "˜Ê{Ê iVi“LiÀÊÓä£x]ÊParker Hannifin Corp will pay its regular quarterly cash dividend of US$0.63 per share of common stock to shareholders of record on 10 November 2015. This is the company’s 262nd consecutive quarterly dividend. Parker has increased its annual dividends paid to shareholders for 59 consecutive fiscal years. www.parker.com UÊ Schweitzer-Mauduit International Inc (SWM) has announced a 5.3% increase in its quarterly cash dividend rate to US$0.40 per share from US$0.38 per share. The dividend is payable on 24 December 2015 to stockholders of record on 27 November 2015. www.swmintl.com UÊ /…iÊ3M board of directors has declared a dividend on the company’s common stock of US$1.025 per share for the fourth quarter of 2015, which is payable on 12 December 2015 to shareholders of record on 20 November 2015. 3M has paid dividends to its shareholders without interruption for 99 years. As of 30 September 2015, 3M had 615.7 million common shares outstanding and 85 293 shareholders of record. www.3M.com UÊ /…iÊ ˜iÝÌÊ Ceco Environmental Corp quarterly cash dividend of US$0.066 per share of outstanding common stock will be paid on or about 30 December 2015 to all shareholders of record on 16 December 2015. www.cecoenviro.com UÊ Esco Technologies Inc’s quarterly cash dividend of US$0.08 per share will be paid on 19 January 2016 to stockholders of record on 4 January 2016. www.escotechnologies.com UÊ Watts Water Technologies Inc’s quarterly dividend of US$0.17 per share on each outstanding share of the company’s Class A Common Stock and Class B Common Stock will be paid on 11 December 2015 to stockholders of record on 30 November 2015. www.wattswater.com UÊ Donaldson Co Inc’s regular cash dividend of US$0.17 per share will be paid on 23 December 2015, to shareholders of record on 8 December 2015. As of 31 October 2015, there were approximately 132.6 million shares outstanding. www.donaldson.com

Filtration Industry Analyst

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